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Gap (NYSE:GPS) has been upgraded from Perform to Outperform in a statement by Oppenheimer earlier today.

Having a price of $22.56, Gap (NYSE:GPS) traded 0.40% higher on the day. With the last close down 8.74% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the same period. Gap has recorded a 50-day average of $27.39 and a two hundred day average of $24.51. Volume of trade was down over the average, with 3,336,267 shares of GPS changing hands under the typical 5,585,150

Oppenheimer has upgraded Gap (NYSE:GPS) from Perform to Outperform in a statement released on 6/5/2017.

On Sunday June 04, 2017, Oppenheimer Holdings Inc. released a statement on Gap (NYSE:GPS) upped the target price from $0.00 to $28.00 that suggested an upside of 0.24%.

Performance Chart

Gap (NYSE:GPS)

With a total market value of $0, Gap has price-earnings ratio of 12.70 with a one year low of $21.02 and a one year high of $30.74 .

A total of 29 analysts have released a report on Gap. One analyst rating the company a strong buy, one analyst rating the company a buy, twenty-three analysts rating the company a hold, ten analysts rating the company a underperform, and finally one analyst rating the company a sell with a 12-month price target of $19.66.

More About Gap (NYSE:GPS)

The Gap, Inc. (Gap Inc.) is an apparel retail company. The Company offers apparel, accessories and personal care products for men, women and children under the Gap, Banana Republic, Old Navy, Athleta and Intermix brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services. In addition to operating in the specialty, outlet, online and franchise channels, it also uses the Company's omni-channel capabilities to bridge the digital world and physical stores. Its omni-channel services, including order-in-store, reserve-in-store, find-in-store and ship-from-store are tailored across its portfolio of brands. It also sells products that are designed and manufactured by branded third-parties, especially at its Intermix brands. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China, Hong Kong, Taiwan, and Mexico.

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